Caijiaying Operations

60 St James's Street, London SW1A 1LE, United Kingdom

Telephone: + 44 (0)20 7629 7772 Facsimile: + 44 (0)20 7629 7773

E mail: [email protected]

Caijiaying Operations

9 August 2010.

Griffin Mining Limited (the "Company" or "Griffin") is very sad to report the death yesterday of two employees of the mining contractor whilst working underground at the Caijiaying Mine. As a result, operations at Caijiaying have been temporarily suspended pending an investigation by both the Company and a committee of Chinese authorities into the circumstances causing these deaths. Needless to say, the safety of the Caijiaying mine site is a priority for all parties concerned and any weaknesses found in any safety procedures will be acted upon immediately to ensure that such incidents cannot happen again. In the interim, the Company's thoughts and concerns rest with the deceased and their families.

Griffin Mining Limited:

Mladen Ninkov (Chairman)

Roger Goodwin (Finance Director ) +44 (0)20 7629 7772

Investec Investment Banking:

Stephen Cooper +44 (0)20 7597 5104

Daniel Adams +44 (0)20 7597 5000

Griffin Mining Limited's shares are quoted on the Alternative Investment Market (AIM) of the London Stock Exchange (symbol GFM).

The Company's news releases are available on the Company's web site: www.griffinmining.com